Bitcoin Soars to $21,500 On “Hated Rally,” Is There Fuel To Keep Rising?

Bitcoin Soars to $21,500 On “Hated Rally,” Is There Fuel To Keep Rising?


The Bitcoin rally continues as the cryptocurrency smashes all resistance levels and seems ready to reclaim more ground. The number one crypto by market capitalization has seen a double-digit gain over the previous week leading the top performers in the sector.

As of this writing, Bitcoin traded at $21,400 with sideways movement in the last 24 hours. The BTC price records a 23% rally in the previous seven days. Other cryptocurrencies in the top 10 record similar price action with Ethereum (19%) and Polygon (18%).

The crypto has seen some losses but could recover during today’s trading session.

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Bitcoin Shorts Are Wipeout, Bear Market Over?

Any “good” price rally must be a “hated” rally; Bitcoin follows this rule. As the cryptocurrency trended to

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